Rare opportunity to acquire 7.5 acres of prime commercial development land in one of Indiana's most sought-after growth corridors. Located at 12198 E 206th Street in Noblesville, this site offers developers a strategic opportunity to capitalize on the continued expansion of Hamilton County, one of the strongest economic and residential growth markets in the state. Positioned directly adjacent to Spectrum and near Duke Energy infrastructure, this property offers the critical location advantages developers seek - strong surrounding businesses, access to essential utilities, and a growing customer base. The site provides an excellent opportunity for a commercial project designed to serve the expanding needs of Noblesville and the surrounding communities. With convenient access to Noblesville, Fishers, Carmel, Westfield, and Indianapolis, this location benefits from strong demographics, increasing demand for commercial services, and a highly desirable business environment. Hamilton County consistently ranks among Indiana's top counties for population growth, income levels, education, and economic opportunity, creating a strong foundation for long-term commercial success. Whether developed as a service retail center, office development, flex/industrial project, medical facility, or other commercial use, this site offers the location, visibility, and market fundamentals needed to support a successful investment.
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Zillow last checked:
Listing updated:
Listed by:
Annie Scott317-902-8622,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22117042
Facts & features
Property
Lot
Size: 7.5 Acres
Features: Rectangle
Topography: Wooded
Details
Parcel number: 290715000019000016
Zoning: A-2
Zoning description: Single Family
Horse amenities: None
Utilities & green energy
Water: Well on Site
Community & HOA
Community
Subdivision: Wayne
Location
Region: Noblesville
Financial & listing details
Tax assessed value: $393,900
Annual tax amount: $4,136
Date on market: 7/31/2026
Cumulative days on market: 8 days
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/31/2026
Listed for sale
$1,700,000
Source: MIBOR as distributed by MLS GRID #22117042Report a problem
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.